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Article

5 Feb 2013

Author:
Andres Schipani, Financial Times

Mining: Andean concessions [Peru]

…Chinalco, a Chinese mining company, has built the settlement [of Nueva Morococha] from scratch to relocate about 3,500 people from the village of Morococha – a former mining camp built on a slag heap in the early 1900s…Chinalco’s motive for relocating the villagers is visible…in a copper mine and processing facility…According to the company, 77 per cent of households, about 900 families, have agreed to move…The problem is that not everyone is ready to move immediately. Marcial Salomé, the mayor, has defied Chinalco and has pledged not to move to the new village until he gets what he believes is owed to his people… He wants Chinalco to guarantee jobs in the new mine and the company to compensate his townspeople with $300m for destroying their village. “This is our home,” he adds. “We need to defend what is ours.”…[It refers to Conga Mines & Newmont]